7-8 June 2017, Nairobi, Kenya

Paddy Power Betfair has acquired an initial 51% stake in Georgian online sports and betting brand Adjarabet for €101m (£88.3m/$115.6m) in cash.

The operator said the deal forms part of its European diversification plans, with...

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<img typeof="foaf:Image" src="https://clarion-totally-gaming.s3.eu-west-2.amazonaws.com/s3fs-public/deal3_1.jpg" width="1500" height="1000" alt="Deal" title="Deal" />